The Unexpected Things Boat Insurance Generally Does NOT Cover

Introduction: What is Boat Insurance?

Boat insurance is a type of insurance that covers the damage or losses to a boat, its motor, and its equipment. It offers financial protection in the event of an accident, theft, or loss due to fire, weather, or other causes. Boat insurance covers the cost of repairs, replacement parts, and towing services, as well as medical costs if someone is injured on the boat.

What Boat Insurance Generally Does Not Cover

Boat insurance generally does not cover damage due to improper maintenance, wear and tear, or any damage caused by reckless or negligent behavior. It also does not cover damage due to environmental factors such as flooding, lightning, or earthquakes. In addition, boat insurance usually does not cover the following items:

1. Theft of Personal Items

Boat insurance does not cover the theft of personal items such as fishing gear, electronics, and clothing that were left on the boat. It is important to make sure that these items are always removed and secured when the boat is not in use.

2. Liability Coverage

Most boat insurance policies do not include liability coverage. This means that if someone is injured on the boat or if the boat damages another vessel, the policyholder is responsible for the costs associated with the incident. If you want to be protected against these types of liabilities, you should consider purchasing additional liability coverage.

3. Damage Due to Racing

Boat insurance does not cover damage caused by racing or any other competitive activity. If you plan to use your boat for racing or other competitive activities, you should purchase additional coverage for these activities.

4. Unattended Boats

Boat insurance does not cover damage that occurs when a boat is left unattended for an extended period of time. If you plan to leave your boat unattended for an extended period of time, you should make sure that it is secured and stored properly to avoid any potential damage.

5. Damage to Boat’s Electronics

Boat insurance generally does not cover damage to the boat’s electronics such as GPS systems, radios, and other similar devices. It is important to properly maintain these devices and to make sure that they are covered under a separate policy.

Conclusion: Boat Insurance Protects Against Unexpected Events

Boat insurance is an important form of protection for any boat owner. While it generally does not cover theft of personal items, liability coverage, damage due to racing, unattended boats, or damage to the boat’s electronics, it does provide financial protection against unexpected events. Make sure to read the policy carefully to understand what is and is not covered by your boat insurance policy.